Business
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
FlowBelow Aero Expands Supplier Agreement With DTNA
FlowBelow Aero Inc. said Daimler Trucks North America will offer its fuel-saving Tractor AeroKit system as an option on its most fuel-efficient Freightliner Cascadia Evolution equipment package, effective immediately.
October 12, 2016Iowa Plans Automated Vehicle Mapping on I-380
The stretch of Interstate 380 between Iowa City and Cedar Rapids is poised to be the very first in the state to be fully mapped out for eventual autonomous vehicle traffic.
Dana in Agreement to Purchase Assets of Brazilian Supplier Sifco
Commercial vehicle supplier Dana Inc. said it has a definitive agreement to purchase strategic assets of Sifco S.A., a leading Brazilian producer of forged and machined components, such as those used in commercial vehicle drivelines and suspensions.
October 12, 2016High Demand for Truck Drivers Leads to New CDL Training in Ohio
The demand for commercial drivers to haul goods from the growing logistics center in the region has led to a partnership that will bring additional truck driving training to the Dayton, Ohio, area.
Marmon Highway Technologies Names Kelly Dier Chairman, Reorganizes Business Units
Heavy-duty equipment manufacturer Marmon Highway Technologies named Kelly Dier to the newly created position of chairman and said it will now operate through two divisions, highway technologies and automotive solutions, to reflect and support its rapid and ongoing growth.
October 12, 2016Earnings Turmoil Deepens at Railroads as Trucks Poach Freight
Railroads lost cargo to trucks in the third quarter, adding to a yearlong slide in profits as demand tumbled for coal, oil and metals.
FMCSA Eases Requirements for Veterans to Become Commercial Drivers
The Federal Motor Carrier Safety Administration has announced changes to its final rule intended to ease the transition for military personnel to civilian careers as commercial motor vehicle drivers by simplifying the process to obtain a learner’s permit or driver license.
October 12, 2016European Package Carrier Expands in US With Purchase of Golden State Overnight
General Logistics Systems B.V., a parcel delivery firm based in Amsterdam and with operations throughout Europe, is expanding in the United States with the purchase of Golden State Overnight for $90 million.
October 12, 2016ATA, Rhode Island Trucking Still Fighting State’s Truck-Only Tolling Plan
Rhode Island’s truck-only toll plan may have received the go-ahead from the Federal Highway Administration, but the battle over RhodeWorks isn’t finished.
Matthew’s Lingering Effects Have I-95 Closed in Much of North Carolina
Hurricane Matthew is history, but its effects are battering North Carolina. Multiple roadways remain closed in central and eastern North Carolina on Oct. 11 due to large debris and flooding.